In order to improve the protection of creditors, the approved law envisages the obligation to report when certain parameters are exceeded. Mechanisms such as monitoring and planning will allow the company not to crash in crisis and should avoid an external subject to enter in the solving problem business process.In addition, the new bankruptcy law excludes large companies from activating alert procedures and reporting obligations. Nowadays, it has been developed a consolidated system consisting of subjects now able to managing business crises professionally. However, this choice does not impose reporting obligations on qualified public creditors and their control bodies.
